Tuesday, August 18, 2026

Financially smart citizens build resilient households

By David Jacobs
For many South Africans, managing money has become a daily balancing act. Rising living costs, household debt, limited disposable income and unexpected expenses can place significant pressure on families and make it increasingly difficult to plan for the future. The scale of household debt pressures in South Africa is a particular cause for concern. 

According to the National Credit Regulator (NCR), more than 10.5 million credit-active

South Africa puts infrastructure at centre of its SADC Chairship

South Africa will place infrastructure development at the centre of its year-long Chairship of the Southern African Development Community (SADC), with SADC Chairperson, President Cyril Ramaphosa, calling for faster implementation of regional corridors, railways, ports, roads, energy and water projects.

Closing the 46th Ordinary SADC Summit in

Kruger National Park flood repairs to cost R950 million

The cost of repairs to infrastructure damaged by floods earlier this year in the Kruger National Park is estimated to reach R950 million.

Heavy rains and severe flooding in January 2026 caused

President Ramaphosa appoints members of the FFC

President Cyril Ramaphosa has appointed former Finance Minister Nhlanhla Musa Nene and Malijeng Ngqaleni as Chairperson and Deputy Chairperson of the Financial and Fiscal Commission (FFC), respectively.

In a statement on Tuesday, the Presidency said the appointments are in terms of section 221

Government outlines plan to lower electricity costs

Government has proposed a set of measures aimed at reducing the high cost of electricity while ensuring that tariffs remain cost-reflective and that vulnerable households and strategic economic sectors are protected.

The measures are reflected in South Africa’s Revised

KZN Treasury moves to secure Ithala’s future after reported liquidation withdrawal

The KwaZulu-Natal Treasury has called for a meeting involving all key stakeholders, including national and provincial authorities, regulators and Ithala representatives, to address outstanding issues, clarify the way forward and explore measures to preserve the value that remains within Ithala Bank.

This comes after reports that the Prudential Authority

Investment and governance take centre stage at SALGA Eastern Cape Assembly

South African Local Government Association (SALGA) President Bheke Stofile says the Integrated Development Planning (IDP) must be more than compliance checklists, but a living document that link community priorities to budgets, strengthen service delivery and position municipalities as investment hubs.

"The IDP must become a living economic contract